【MicroStrategy Plans to Shift to Fixed Income Securities to Raise Funds for Bitcoin Purchases】 According to Golden Finance, MicroStrategy co-founder and chairman Michael Saylor stated that once the current fundraising plan is exhausted, the company will shift from a leveraged Bitcoin proxy plan to a more focused strategy on fixed income securities to raise funds for purchasing cryptocurrencies. He noted that the company uses regulated exchanges like Coinbase to buy Bitcoin. MicroStrategy's stock price has risen by about 500% this year, far exceeding Bitcoin's approximately 150% increase. Hedge funds have been seeking its fixed income securities to implement convertible arbitrage strategies—buying bonds and shorting stocks, essentially betting on the volatility of the underlying stocks. This demand has driven MicroStrategy to issue $6.2 billion in convertible bonds this year.